Through THRIVE South Jersey, New Jersey Community Capital provided Millville Urban Redevelopment Corporation, the lead developer, $6.9 million in New Market Tax Credits to finance the new Cumberland County College Arts and Innovation Center.
After receiving a $500,000 acquisition and construction revolving line of credit from New Jersey Community Capital, William (Bill) was able to initially purchase two vacant, scattered-site properties in his hometown to rehabilitate and renovate into quality affordable housing units.
Thanks to a $20,000 loan awarded through the Trenton Small Business Emergency Loan Program during COVID-19, Maurice was able to quickly pivot his business and begin serving affordable family-style meals to customers.
In 2019, New Jersey Community Capital partnered with Wells Fargo and NeighborWorks® America to bring the national NeighborhoodLIFT® Program to New Jersey to provide down payment assistance grants to families and individuals purchasing a home in Essex County.
Equipped with nearly $16 million in capital from a cohort of dedicated community institutions and partners, Family Village will rehabilitate more than fifty abandoned scattered-site properties into more than one-hundred safe and healthy affordable homes.
With assistance from New Brunswick Tomorrow, a local community-based organization and longtime New Jersey Community Capital partner, Cerlina and Jose were connected to NJCC’s Address Yourself™ Individual Taxpayer Identification Number (ITIN) Program.
Equipped with financing from New Jersey Community Capital's REBUILD disaster recovery program, DJ’s Delights was able to replenish its supplies and continue serving its loyal customers.
Unity Charter School has been recognized for its academic performance and it eco-conscious curriculum, but had quickly outgrown its building. Through a credit enhancement, NJCC provided the charter school with the financial backing it needed to secure a lease and remodel a new building for learning.